Wrap Nth America

Fed rate cuts push savings rates below 4.3% APY, but online banks & credit unions still offer 10x national avg. Safer than stocks for short-term goals.

Labor market mixed: jobless claims hit 3-yr low, but 70K+ layoffs announced. AI era dawns, traders await jobs report.

Nasdaq futures climb, Dow wavers pre-PCE data. Bitcoin dips, silver surges. Traders eye inflation for Fed cues.

Data centers' 106 GW power demand by '35 sparks trader skepticism. AI boom risks higher bills, but Oklo, CEG, MSFT, META, BLOOM, FSLR, NPGN offer potential plays.

Mortgage rates dip to 6.19% (30-yr fixed), 0.5% lower YoY. Refi rates also down. Buyers see opportunity.

EU invests €3B to cut China reliance in rare earths, but risks US import dependence. Traders watch deal-making.

Top CD rates hit 4.1% APY via Marcus by Goldman Sachs, but Fed cuts signal declining yields. Shop online banks!